Paladin Capital Names Longtime Strategic Advisors as Managing Directors, Expands Executive Leadership Team
Washington, D.C. – Paladin Capital Group, the multi-stage investor in cyber, AI and advanced technology, is pleased to announce that former U.S. National Cyber Director Chris Inglis and retired Air Force four-star General Mike Minihan have been named as Managing Directors. Both Inglis and Gen. Minihan are currently members of the firm’s Strategic Advisory Group (SAG), […]
Paladin Capital Group Portfolio Company IriusRisk Combines with ThreatModeler to Create Threat Modeling Category Leader
Paladin led IriusRisk’s Series A and B rounds, totaling $23 million in funding Washington, D.C. – Today, Paladin Capital Group’s portfolio company IriusRisk, a leading threat modeling platform, announced its acquisition by ThreatModeler. The combination brings together two of the leading global providers of threat modeling solutions that embed security early in the software design and […]
MIND Raises $30M Series A Funding To Deliver Autonomous Data Loss Prevention Through AI
Led by Paladin Capital Group and Crosspoint Capital Partners, MIND is already serving Fortune 1000 companies across diverse industries. SEATTLE, Washington — MIND™, the upcoming leader in data loss prevention (DLP), today announced $30M Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta […]
Paladin Global Institute Joins Maryland Department of Commerce for Investment Symposium
Annapolis, MD – On May 21, 2025, the Paladin Global Institute and Maryland Department of Commerce co-hosted a Maryland Investment Symposium, bringing together state leadership, Trusted Capital investment community partners, and innovation leaders from across the state to discuss and showcase Maryland’s strategic economic development priorities and “Winning the Decade” vision. The half-day symposium at the Treasury Building […]
Paladin Founder Michael Steed Recognized as One of Washington D.C.’s 500 Most Influential People of 2025
Founder and Managing Partner of Paladin Capital Group Michael Steed has been recognized by Washingtonian Magazine as one of the top leaders shaping policy debates in Washington, D.C. in the Tech and Telecom category. This recognition is part of Washington D.C.’s 500 Most Influential People of 2025, a list reserved for the region’s leading minds across a variety […]
Securing the Agentic Future: How CalypsoAI Is Redefining Cybersecurity, Starting with AI Security
The RSA Conference is one of the biggest stages in the cyber industry, and we are excited to celebrate CalypsoAI’s recognition as a Top 10 Finalist in the RSA Conference 2025 Innovation Sandbox—one of the most competitive and respected stages in cybersecurity. Paladin Capital Group made our first investment in CalypsoAI in 2020, recognizing the need for […]
Paladin Capital Group congratulates Chris Inglis on swearing in as National Cyber Director
Washington D.C. – On the occasion of the swearing-in ceremony of Chris Inglis as the United States Government’s National Cyber Director, Paladin Capital Group, the global cybersecurity investor, congratulates our former colleague on his confirmation by the Senate and his swearing in as the nation’s first National Cyber Director. Chris has served as a Managing […]
Paladin Capital Group Announces Acquisition of Cloud Conformity by Trend Micro
Paladin Capital Group – a multi-stage investment firm focused on cybersecurity – announced the successful exit of its investment in Cloud Conformity, a leading Cloud Security Posture Management (CSPM) company, to Trend Micro.
Paladin Capital Group promotes Mourad Yesayan as its newest Managing Director
Paladin Capital Group, a leading multi-stage venture capital firm based in Washington DC, is pleased to announce the promotion of Mourad Yesayan to Managing Director. Mourad is an investment lead for the firm’s Cyber Fund, which invests globally in early stage companies with solutions for cyber security and digital resilience.
Renowned Hacker, Former Twitter & Uber Security Officer Charlie Miller Joins the RangeForce Advisory Board
Dr. Charlie Miller, “one of the most technically proficient hackers on Earth” (according to Foreign Policy magazine) has joined RangeForce’s advisory board. RangeForce is the world’s most comprehensive cybersecurity simulation and skills analytics platform enabling technical practitioners to hone their skills in realistic virtual environments. After receiving his Ph.D. in Mathematics from the University of […]
Digital Shadows Raises Strategic Investment Round to Fuel Accelerated Growth
National Australia Bank Ventures leads $10M investment round London and San Francisco, July 9, 2019 – Digital Shadows, the leader in digital risk protection, today announced $10M in a strategic funding round. The round is led by the ventures arm of new investor and current customer, National Australia Bank (NAB). Existing investors, including Octopus Ventures, […]
Cybersecurity Company Expel Announces $40 Million in Series C Funding
Expel, the leader in making customers smile when they hear the term “managed security,” announced today that the company secured $40 Million in Series C funding. The funding round was led by Index Ventures with participation from Battery Ventures, Greycroft, NEA, Paladin Capital Group and Scale Venture Partners. Shardul Shah, partner at Index Ventures will join Expel’s board of directors. To date, Expel has secured a combined total of $67.5 Million in funding.
RANGEFORCE RAISES $1.5M ROUND LED BY PALADIN CAPITAL FOR CYBERSECURITY SIMULATION-BASED LEARNING PLATFORM
RangeForce, an Estonia and New York-based cybersecurity start-up, has raised $1.5 million in seed funding led by Paladin Capital Group with participation from Trind Ventures. Gibb Witham from Paladin Capital Group will join the board of directors.
RiskLens Closes $20 Million Series B to Expand Leadership in Cyber Risk Quantification
Paladin Capital Group leads syndicate with F-Prime Capital and MassMutual Ventures; Supporting and Accelerating Growth Trend of 100% Year-over-Year
Cybersecurity Startup GreyNoise Secures Seed Funding to Reduce Internet Background Noise
GreyNoise Intelligence, founded by Andrew Morris, today announced that the company has completed a $600K seed financing. GreyNoise identifies Internet background noise caused by benign sources that inflate the volume of security alerts that security operations teams need to analyze. Consisting largely of false positives, filtering this background noise out allows security teams to streamline and prioritize threat analysis.
Paladin Capital Group Names Former National Security Agency Deputy Director Rick Ledgett as its Newest Managing Director
Paladin Capital Group is pleased to announce that Rick Ledgett, who was most recently the National Security Agency Deputy Director will join Paladin Capital Group as a Managing Director. Mr. Ledgett has four decades of intelligence, cyber security and cyber operations experience, including 29 years with the National Security Agency (NSA).
White Ops, Google Dismantle Massive Online Fraud Operation Named ‘3ve’
White Ops today announced that it has dismantled one of the most sophisticated ad fraud operations to date in collaboration with Google and other key partners. This complex and ever-shifting global network of malicious bots, named “3ve” (pronounced “Eve”), infected at minimum 1.7 million computers at any given time, counterfeited more than 10,000 websites, and generated between 3 to 12 billion requests per day to sell fake online advertising.
SCYTHE Secures $3 Million in Initial Financing Round Led by Gula Tech Adventures
Top tech leaders invest in company delivering industry’s first real-world attack simulation capabilities for enterprise red and blue teams. ARLINGTON, Va.–(BUSINESS WIRE)–SCYTHE Inc., provider of the most advanced attack simulation platform on the market, today announced that the company has raised $3 million in an initial funding round led by cybersecurity industry veteran and co-founder of Tenable, Ron […]
RiskSense Raises $12MM in Series B Funding Round Co-Led by Spring Mountain Capital and NightDragon Security
RiskSense®, Inc., the pioneer in intelligent threat and vulnerability prioritization, today announced it has closed a $12 million Series B round of financing co-led by Spring Mountain Capital and NightDragon Security, with participation from UL Ventures, Paladin Capital Group, Sun Mountain Capital, EPIC Ventures and Jump Capital.
Cloud Conformity Announces $2.8 Million Series A Financing Led by Paladin Capital Group
Cloud Conformity, a leader in public cloud infrastructure security and compliance monitoring, today announced a $2.8 million Series A funding led by Paladin Capital Group, with participation from Jump Capital. As part of the funding round, Tom Clute from Paladin Capital Group will join the board of directors.
Geospatial Intelligence Startup Ursa Announces $5.7 Million in New Funding
Ursa Space Systems, a provider of geospatial intelligence solutions, recently announced $5.7 million in new venture funding, led by RRE Ventures and including participation from S&P Global (NYSE: SPGI) and Paladin Capital Group. The company will use the funds to develop new products in response to strong customer demand, as well as expand current offerings to serve new customers and markets.
CYBER SECURITY COMPANY PANASEER RAISES $10 MILLION IN SERIES A FUNDING
Panaseer, a cyber security software company, today announced it has secured $10 million in Series A funding. The financing round was led by Evolution Equity Partners with participation from existing investors including Notion Capital, Albion Capital, Winton Ventures and Paladin Capital Group, as well as new investor Cisco Investments.
Bugcrowd Secures $26 Million to Enable Customers and Researchers to Outhack Them All
Bugcrowd, the leader in crowdsourced security, announced today it has closed $26 million in a Series C funding round led by Triangle Peak Partners. This funding comes on the heels of a record quarter where Bugcrowd added to its growing list of commercial and Fortune 500 customers, expanded globally with offices in London and Sydney, and grew its executive team.
Mérieux Développement and Paladin Capital Group co-lead $55.5 million Series C financing into Inscripta, a leading company in the field of gene editing, in preparation for platform expansion and commercial launch.
Investment will accelerate development and commercialization of gene-editing tools including enzymes, reagents, instrumentation, and software San Francisco, Lyon and Boston, February 28, 2018 – Merieux Developpement and Paladin Capital Group announced the completion of a $55.5 million Series C funding into Inscripta, a leading gene-editing technology company, based in Boulder, CO and Pleasanton, CA. Additional […]
Paladin Capital Group Announces Acquisition of PhishMe by Private Equity Syndicate
Paladin Capital Group – a multi-stage investment firm focused on cybersecurity – announced the successful realization of its investment in PhishMe, the industry leader in human-enabled cyber defense solutions, to a syndicate of investors led by BlackRock and Pamplona Capital Management. With a deal valuing PhishMe at around $400 million, the exit represents the largest in the field of human-enabled cyber defense.
Paladin Year in Review
Cyber in Review Friends of Paladin: At the end of 2017, our firm held a roundtable with leaders in cybersecurity representing local think tanks, law firms, universities, and U.S. Government agencies. During our discussion, we reflected on some of the more important events that occurred in 2017 and what new trends we anticipate coming to […]
Anomali Raises $40 Million in Series D Funding, Announces New Executive Hires
Anomali, the leading provider of threat management and collaboration solutions, announced today that it has closed an oversubscribed $40 million round of Series D funding. The round was led by Lumia Capital, a firm focused on helping technology market leaders expand globally. Deutsche Telekom Capital Partners (DTCP), Telstra and Sozo Ventures also participated in the round along with returning investors GV, General Catalyst, IVP and Paladin Capital Group.
PhishMe is Recognized by Deloitte’s 2017 Technology Fast 500™
PhishMe®, the leading provider of human phishing defense solutions, announced it has been recognized by Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. PhishMe was ranked No. 114 in the software category and No. 200 overall. This is the third consecutive year PhishMe has been named to the Deloitte Fast 500.
Expel Delivers Antidote for Failed Managed Security Relationships
Today, Expel announced that it’s tearing open the black box that managed security service providers (MSSPs) have been allowed to hide in for far too long with the introduction of Expel 24×7, a transparent managed security service.
Early and Growth Stage Cyber Technology Companies to Benefit from New Collaboration between VT Partners and Paladin Capital Group
Paladin announces former Carlyle Group Director Nazo Moosa as its new Senior Strategic Partner, Europe as part of a unique collaboration with VT Partners
Karamba Security Closes $12M in Series B Financing to Address Increasing Demand for its Preventive Approach to Automotive Cybersecurity
Karamba Security, a provider of cybersecurity solutions for connected and autonomous vehicles, today announced $12 million in Series B funding, bringing total investment in the company to $17 million, 15 months after closing a seed round in March 2016. The funding was driven by investors’ excitement over customer engagements, resulting from Karamba’s unique automotive cyberprevention technology. The investment will be used to expand customer support, sales and R&D organizations so that it can meet the rapidly growing demand.
Paladin Capital Group Joins with European Investment Fund and Luxembourg Future Fund to Invest in EU Based Cyber Security Firms
Washington, D.C. and Luxembourg – April 5, 2017 – Paladin Capital Group is pleased to announce the initial closing of its European Cyber Fund based in Luxembourg, with commitments side-by-side from the European Investment Fund and Luxembourg Future Fund. The fund, which will invest in cyber security companies throughout Europe and the globe, is managed […]
White Ops Exposes Largest and Most Profitable Ad Fraud Bot Operation
White Ops, the leading provider of human verification services for the digital advertising market, announced today that its security researchers have exposed the most profitable and advanced ad fraud operation ever seen by the industry.
Endgame Awarded Largest EDR Contract of Year with U.S. Air Force to Prevent, Stop, and Hunt Advanced Adversaries
Endgame, a leading endpoint security platform to close the protection gap against advanced attackers, announced today that it has won a $18.8 million contract with the U.S. Air Force to safeguard networks for their elite Cyber Protection Teams.
New Security Startup Expel Secures $7.5 Million Series A Financing
Expel, Inc., a new cyber security company founded by prominent industry veterans, announced it closed $7.5 million in Series A funding from experienced security investors. The financing was led by Paladin Capital Group, with participation from New Enterprise Associates, Battery Ventures, Greycroft Partners, Lightbank, and other strategic and individual investors. Expel is founded by senior executives previously at FireEye and Mandiant.
White Ops snags $20 million Series B
White Ops, the leading provider of sophisticated invalid traffic (SIVT) detection and prevention services for the digital advertising market, today announced that it has closed a $20 million Series B funding round. Original investors Paladin Capital Group and Grotech Ventures led the new funding round with participation from additional cyber security industry investors.
Anomali Secures Strategic Investment By In-Q-Tel
Anomali, the provider of the market-leading ThreatStream threat intelligence and Anomali Enterprise platforms, announced today its technology development agreement with In-Q-Tel (IQT), the independent, non-profit strategic investor that identifies, adapts and delivers innovative technology solutions to support the mission of the U.S. Intelligence Community (IC).
RiskSense Secures $7 Million Investment to Accelerate Growth
RiskSense®, Inc., the pioneer and market leader in pro-active cyber risk management, today announced that it is closing a $7 Million round of funding led by Paladin Capital Group.
PhishMe Continues to Dominate Phishing Threat Management and Intelligence Market with Malcovery Acquisition
PhishMe® Inc., the leading provider of phishing threat management solutions, announced today that it has acquired key assets of phishing intelligence firm – Malcovery Security LLC
PhishMe Named to Inc. 5000 List of Fastest Growing Private Companies; Identified as a Top 10 Security Company
PhishMe® Inc., the leading provider of phishing threat management solutions that empower employees to be a layer of human security sensors against phishing, malware, and drive-by attacks, today announced that Inc. Magazine has named it one of the 2015 Top 5000 Fastest-Growing Private Companies in the U.S. PhishMe ranked in the 89th percentile of all companies evaluated. Among security companies, it ranked in the top 10 nationwide and No. 2 in the State of Virginia.
10X Genomics Closes $55.5 Million Series B Round
10X Genomics, a provider of an innovative genomics platform, today announced that it has raised $55.5 Million in its Series B financing. Foresite Capital Management led the B round and was joined by the Series A lead, Venrock, as well as new and existing investors, including Paladin Capital Group and funds managed by Morgan Stanley Investment Management. To date, the company has raised a total of more than $80M.
ThreatStream Lands $22 Million in Series B Funding Led by General Catalyst Partners
ThreatStream, the provider of a threat intelligence platform that identifies cyber threats and facilitates trusted threat sharing, today announced that it has raised $22 million in series B funding led by General Catalyst Partners, with significant investment by new investors Institutional Venture Partners and previous investors Google Ventures and Paladin Capital Group.
Racemi Announces $10 Million Series C Funding
Racemi, a provider of automated server migration software, has closed a $10 million Series C round of venture financing. The round included new investors, led by Milestone Venture Partners, along with existing investors Harbert Venture Partners, and Paladin Capital Group.
Paladin Capital Group Marks Another Successful Exit in Sale of Unitrends
Unitrends, the leading provider of all-in-one backup, archiving, instant recovery and disaster recovery solutions, today announced that it has received a major growth equity investment from Insight Venture Partners, a leading global private equity and venture capital firm. Financial terms of the transaction were not disclosed.